European Union Considers Plastics Tax

The European Union (EU) is considering a tax on plastics for member states.

Financial Times reports that as part of its initial budget proposal in 2018, the European Commission proposed a tax on nonrecycled plastic. Now, Brussels, home to EU headquarters, hopes to use profits from a plastics waste tax to fill a “Brexit gap” in the budget, according to the report.

In addition, the report notes, Brussels hopes to convince governments to divert profits from the EU’s cap-and-trade carbon emissions system to the common budget.